364-0559-00L  Dynamic Macroeconomics (Doctoral Course)

SemesterAutumn Semester 2015
LecturersH. Gersbach
Periodicityyearly recurring course
Language of instructionEnglish



Courses

NumberTitleHoursLecturers
364-0559-00 VDynamic Macroeconomics (Doctoral Course) Special students and auditors need a special permission from the lecturers.
Permission from lecturers required for all students.
If you have any questions, please contact Martin Tischhauser at Link
2 hrs
Tue10:15-12:00ZUE G 1 »
H. Gersbach

Catalogue data

AbstractDynamic models and workhorses in macroeconomics
ObjectiveIn this doctoral course, we learn dynamic general equilibrium theory and the basic workhorses in macroeconomics. After the course the participants will be able to speak the Arrow-Debreu and recursive language and apply the frameworks to interesting issues in Growth, Public Finance, Monetary Theory and Banking.
Content1. Introduction
2. The Arrow-Debreu Approach and Sequential Markets
3. The Neoclassical Growth Model and the Representative Agent Model
4. Mathematical Background
5. Frictions and Banking
5.1 Overview
5.2 Banks in Macroeconomic Models
5.3 Ramsey cum Banks: General Equilibrium with Banks and Outside Equity
6. Overlapping Generations Models and Models with Heterogenous Agents
7. Debates
7.1 Theory of Piketty
7.2 High Bank Equity Requirements

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersH. Gersbach
Typeend-of-semester examination
Language of examinationEnglish
RepetitionThe performance assessment is only offered at the end after the course unit. Repetition only possible after re-enrolling.

Learning materials

No public learning materials available.
Only public learning materials are listed.

Groups

No information on groups available.

Restrictions

General : Special students and auditors need a special permission from the lecturers
Permission from lecturers required for all students

Offered in

ProgrammeSectionType
Doctoral Department of Management, Technology, and EconomicsDoctoral and Post-Doctoral CoursesWInformation